Pratt & Whitney Wins $420 Million V2500 Order from US Airways
EAST HARTFORD, Conn.– US Airways has selected the International Aero Engines V2500 to power up to 153 new Airbus A320 family aircraft. The order includes engines for 78 firm aircraft and is valued at more than $420 million to Pratt & Whitney, not including options. Pratt & Whitney, a United Technologies Corp. (NYSE: UTX) company, is a major partner in International Aero Engines (IAE).
The order will include the SelectOneTM build standard of the V2500 with aircraft deliveries scheduled to begin in November 2008. US Airways currently operates 196 Airbus A320-family aircraft, 94 of which are powered by the V2500.
The 22,000-33,000lb of thrust V2500-A5 is available in seven different thrust settings to power the Airbus A319, A320 and A321 family of aircraft as well as the A319 Corporate Jet.
IAE is a multinational aero engine consortium whose shareholders comprise Pratt & Whitney, Rolls-Royce, the Japanese Aero Engines Corporation and MTU Aero Engines. More than 1,300 V2500-powered aircraft have been delivered and the worldwide fleet has accumulated over 40 million flying hours.
Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines, space propulsion systems and industrial gas turbines. United Technologies, based in Hartford, Conn., is a diversified company providing high technology products and services to the global aerospace and building industries.
This release includes “forward looking statements” concerning anticipated business opportunities that are subject to risks and uncertainties. Important factors that could cause actual results to differ materially from those anticipated or implied in forward looking statements include changes in the health of the global economy and the aerospace industry. For information identifying other important economic, political, regulatory, legal, technological, competitive and other uncertainties, see UTC’s 10-K, 10-Q and other reports filed with the SEC.
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